RM plc (LON:RM) insider Andy Blundell purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, July 24th. The shares were bought at an average price of GBX 173 ($2.28) per share, with a total value of £8,650 ($11,410.10).
Shares of RM plc (LON:RM) remained flat at GBX 173.00 on Friday. The stock had a trading volume of 6 shares. The company’s market capitalization is GBX 140.69 million. The company’s 50 day moving average is GBX 172.99 and its 200 day moving average is GBX 172.47. RM plc has a 52 week low of GBX 120.00 and a 52 week high of GBX 196.00.
The company also recently announced a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, August 10th will be paid a GBX 1.65 ($0.02) dividend. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, August 10th.
A number of equities analysts have recently commented on RM shares. Peel Hunt dropped their price target on shares of RM plc from GBX 219 ($2.89) to GBX 199 ($2.62) and set a “buy” rating on the stock in a research report on Friday, June 2nd. FinnCap reaffirmed a “buy” rating and set a GBX 207 ($2.73) target price on shares of RM plc in a research report on Wednesday, July 5th. Finally, Numis Securities Ltd lowered shares of RM plc to an “add” rating and set a GBX 200 ($2.64) price target on the stock. in a report on Friday, April 28th.
RM plc Company Profile
RM plc is engaged in supplying products, services and solutions to the United Kingdom and international education markets. The Company operates in three segments: RM Resources, RM Results and RM Education. The RM Resources segment consists of TTS Group Limited (TTS), which provides resources used in schools mainly through a direct marketing business model with goods supplied from centralized distribution centers.
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